Chapter 420: The richest man is confirmed!
Chapter 420: The richest man is confirmed!
In order to convince Kang Chi to agree to optimize the group, Zhang Qing also conducted a company financial analysis for Kang Chi in combination with China’s current economic situation.
Through the one-hour phone call, Kang Chi realized two problems.
First, in order to promote the battery replacement project and quantum chip manufacturing business, the group has borrowed nearly 3 trillion yuan from the country.
In addition to the investment of Longteng Group, the country has also increased its investment in semiconductors, energy and other industries in the past two years. At the same time, in order to layout the intelligent robot industry recently, at least nearly 10 trillion yuan of funds need to be raised.
In addition, there are nuclear fusion power station construction, purchase of new fighter jets, solving pension problems, etc.
With so many money-burning projects going on at the same time, the landlords will have no food at home.
In this case, even Kang Chi, wanting to get a large loan from the bank, has become a little difficult.
Some people may say that if the country has no money, it can just start printing money as much as possible. But anyone with a little economic knowledge knows that the issuance of banknotes must be strictly calculated, and each dollar must have a corresponding output value, that is, an anchor. Otherwise, printing too much will lead to inflation, rising prices, currency depreciation, and thus cause chaos in the financial system.
The current practice is to issue a large number of ultra-long-term treasury bonds to absorb idle and surplus funds from society and individuals to promote the intelligent robot industry.
But treasury bonds cannot be issued too much suddenly, otherwise it will squeeze private investment and inhibit the vitality of economic growth…
Therefore, even if treasury bonds are issued, they are not enough for their own use, so it is naturally difficult to take private enterprises into consideration.
In short, if Longteng Group wants to make large-scale investments in the future, it can basically only rely on itself.
So no matter what the people below think, the group’s iteration plan must be implemented.
Today’s meeting is actually a notification rather than a discussion.
After the specific tasks were assigned, the group executives quickly took action.
There were four companies on the first optimization list, namely Dahan Silicon, Datang Energy, Harbin Aircraft Industry and Changhe.
There is nothing much to say about Dahan Silicon, which is a silicon wafer production company. The company’s sales last year were 24.05 billion, net profit was 10.22 billion, and the net profit margin was as high as 42.5%. All data performances have been stable for several consecutive years.
If such a high-quality company is in the hands of a normal person, it would definitely be a sweet cake in the palm of the hand. How could he be willing to sell it?
Therefore, when Chen Yunming, chairman of Shencheng Silicon Industry Group, heard Zhang Qing ask their group whether they wanted to take over Dahan Silicon, his first reaction was that there was no way a pie in the sky could fall! He immediately asked Zhang Qing nervously: “Mr. Kang is not optimistic about the semiconductor industry?!!”
”How could that be? On the contrary, he believes that the semiconductor industry has great potential, especially with the development of quantum chip technology, the market size of semiconductors will definitely be much larger than it is now.”
”Then why did he sell Dahan Silicon?”
”It’s very simple. The group’s plate is too big, and Mr. Kang feels that he can’t take care of it.”
”…”
The plate is too big to take care of?
Then Dahan Silicon will be sold?
A really good enterprise with an annual profit of over 10 billion and a profit margin of more than 40% is actually on the optimization list? ! ! Then how profitable are the remaining companies in their group?
Chen Yunming only felt as if he had been hit by a critical hit…
However, fortunately, this was Kang Chi’s personal reason, not an industry problem. Otherwise, even if Dahan Silicon’s “really good” would be questioned, even if its current financial report data was good, Chen Yunming would not dare to take over.
Not only do they not dare to take over Dahan Silicon Industry, but their Shencheng Silicon Industry, as one of the leading companies in the semiconductor industry, will also be the first to be restless…
After pondering for a moment, Chen Yunming spoke again and tried: “Isn’t Mr. Zhang helping Academician Kang manage the group very well? He doesn’t have to manage it himself, so what can’t he take care of?”
”You know how fast Mr. Kang develops new businesses. No matter how much energy I have, it is limited after all… and I am also going to take a break for a while.”
Rest?
Chen Yunming keenly grasped the key words,
Although Zhang Qing said it more tactfully, Chen Yunming still vaguely felt that this matter must be not simple.
However, Zhang Qing is only an executive chairman. Even if she resigns, it will not be a big deal for Kang Chi.For Longteng Group, which is technology-oriented, there is no possibility of serious damage, so there is no need to consider the problem of management turmoil.
Until then, Chen Yunming finally put his mind at ease and carefully thought about the issue of taking over.
Obviously, Longteng Group was the first to find Shencheng Silicon Industry, which was actually giving them face,
It was a bit like keeping the fat water within the family.
At the same time, as one of the shareholders of Dahan Silicon Industry, Shencheng Silicon Industry is much clearer about the company and the industry than others. The price negotiation between the two parties is also relatively open and transparent. No one can fool anyone, and no one will suffer.
This also further shows that Kang Chi did not sell the company because he did not value Dahan Silicon Industry or was pessimistic about the semiconductor industry, otherwise he could have let the news out.
With his influence, isn’t it easy to cheat those big capitals? It’s better to cheat an outsider than to cheat an old acquaintance, right? “Does Mr. Kang plan to sell all or reduce his holdings?”
”To reduce to 10%, he has deep feelings for Dahan Silicon Industry, and it is a bit reluctant for him to sell all. If he keeps 10%, he can come back as a shareholder in the future.”
”Haha, that’s no problem, we accept it!”
After hearing this, Chen Yunming made the decision directly: “In fact, even if he doesn’t keep it, no one will stop him from coming back, but it’s good to keep 10%, so that everyone can feel at ease.”
After reaching a preliminary acquisition intention, the next step is simple.
After negotiations between the two parties and evaluations by professional institutions, Dahan Silicon Industry finally redistributed its shares at a valuation of 120 billion yuan. Shencheng Silicon Industry acquired 76.4% of Kangchi’s shares for 91.68 billion yuan, and Zhang Qing’s 3.6% remained unchanged.
After the redistribution of shares, Shencheng Silicon Industry also obtained the actual operating rights of Dahan Core Industry with an absolute controlling stake of 86.4%.
After the acquisition contract was signed, Chen Yunming couldn’t help but sigh: “At the beginning, Mr. Kang bought Silicon Technology for 23.45 billion yuan, and now we bought Dahan Silicon back for 91.68 billion yuan. Mr. Kang has directly earned more than 68 billion yuan, and he can also hold 10% of the shares…”
The key is that he himself was too lazy to come to the signing ceremony of more than 60 billion yuan…
How much does he look down on the more than 60 billion yuan?
It can only be said that people can really make people angry! Hearing Chen Yunming’s sigh, Zhang Qing just smiled lightly.
To be honest, more than 60 billion yuan is really just a string of numbers in Kang Chi’s eyes.
Especially next, there is a much larger number waiting for him…
…
While dealing with Dahan Silicon Industry, the optimization of the other four companies is also being carried out simultaneously, and the largest of them is undoubtedly Datang Energy. In fact, when Datang Energy was established, Kang Chi and the three oil and power companies had an agreement to let them join the game after three years. In exchange, not only would the state increase the amount of low-interest loans, but in the early days of Datang Energy, these companies would also provide certain assistance to help Datang Energy develop.
So it is only a matter of time before Datang Energy becomes a state-owned enterprise.
With the popularization of the battery swap model, Datang Energy has gradually entered the right track, and it is basically clear how much money Kang Chi can make from solid-state sodium batteries in the battery swap project.
At the beginning, Chief Lu thought that Kang Chi valued the company’s operating rights, so he helped him to fight for at least 51% of the shares. But in fact, Kang Chi did not care about the operating rights, but whether his technology could be quickly promoted and applied, and at the same time make enough money in the process to support future development. The purpose of investing in Harbin Aircraft Industry and Changhe was actually the same.
Therefore, when Kang Chi personally came to Yanjing and expressed his intention to sell the shares of these three companies, he immediately attracted great attention from the State-owned Assets Supervision and Administration Commission.
Especially Datang Energy, which currently has more than 60,000 battery swap stations, with an average investment of 30 million yuan for each battery swap. Currently, its fixed assets alone exceed 2 trillion yuan.
Although these 2 trillion yuan of assets are all borrowed, its business model has great potential.
What Kangchi really sells is actually this successful business model.
Datang Energy had agreed before, and they always had a scale in their hearts, but what Director Ji didn’t expect was why even Harbin Aircraft Industry Group and Changhe Kangchi were going to be sold?
So at the consultation meeting, Director Ji of the State-owned Assets Supervision and Administration Commission asked this question first.
“I have limited energy and can’t take care of it. In addition, there are several projects in our group that require a lot of funds. You don’t approve large loans, so I can only find a way myself.”
Kang Chi said bluntly: “We exchanged the shares and management rights of Harbin Aircraft Industry Group and Changhe for technology. Now we just changed the model and sold the technology directly to them.”
”However, these two companies have undergone our management transformation. Both the company’s hardware and management health are much better than before. Yinhe’s orders cannot be produced at all, so there may be a certain premium…”
Director Ji couldn’t help but ask nervously: “How much is the premium?”
”20 billion, Yinhe’s technology is 100 billion, a total of 120 billion.”
Kang Chi directly gave his own quotation, and analyzed confidently: “In fact, if you want to make this number with these two companies, you only need to build about 10,000 Yinhe aircraft. ”
”But the current order from Song Air Transport alone is as high as 3,000 aircraft, which is enough for these two companies to build for two to three years. Not to mention that all the major logistics companies are crying out for food and want Song Air Transport to save some for them. In addition, there are orders for various models of Silver Crane from the military, public security, fire and other departments… Director Ji, tell me if it is worth the price! ”
“…”
When he first heard the figure of 120 billion, Director Ji felt that Kang Chi’s lion’s mouth was too big…
After all, before Kang Chi took over, the total assets of these two companies were only 20 to 30 billion.
Kang Chi made a fortune out of nothing, and he wanted them to buy them back with 120 billion? That’s outrageous! But after hearing Kang Chi’s vivid analysis of the low-altitude economic market, he suddenly realized that Harbin Aircraft Industry Group and Changhe Aircraft Industry Group with Yinhe Technology were indeed completely different from before.
The market potential of the low-altitude economy is not smaller than that of the battery swap station market.
It can be seen from the crazy expansion speed of Dasong Air Transport and the short supply of Yinhe Aircraft Industry Group.
However, Harbin Aircraft Industry Group and Changhe Aircraft Industry Group are only an important part of the upstream of this industry, and can only get a part of this new trillion-dollar market.
After pondering for a moment, Director Ji nodded and said, “I understand. Let’s talk about Harbin Aircraft Industry Group and Changhe Aircraft Industry Group today. What do you think about Datang Energy? ”
After hearing this question, the CEOs of the three oil companies and China Electric Power immediately perked up.
The highlight of today is finally here.
As for Datang Energy, Kang Chi’s request is also very simple and clear.
His initial idea is to sell 80% of Datang Energy’s shares, and at the same time, 80% of Datang Energy’s debt of more than 2 trillion yuan will be transferred to the state.
In exchange, the State-owned Assets Supervision and Administration Commission needs to pay 2 trillion yuan in transfer fees to Longteng Group within one year.
After hearing Kang Chi’s request, all the leaders couldn’t help but take a breath.
Kang Chi only spent two years to build a business model, and asked for a transfer fee of 2 trillion yuan! The key is that the money to build this business model was still paid by them.
It sounds even more outrageous…
”What is the basis for these 2 trillion yuan?”
”The expected profit of Datang Energy in the next ten years. ”
Kang Chi showed Datang Energy’s financial statements and market analysis,
“With more and more battery-swap models and the development of low-altitude electric aircraft, the market demand for battery-swap stations will only increase. Coupled with the dividend of low electricity costs from controlled nuclear fusion in the future, it will be easy to make 2 trillion in ten years…”
“Battery-swap stations are ultimately competing for the market of the three major oil companies. I believe you know the scale and potential of this market better than I do.”
“In fact, the battery-swap model will really take off when fuel vehicles are basically eliminated in ten years and battery-swap models become mainstream models. That’s when Datang Energy will really make money…”
“It’s just that I don’t have the patience to wait so long. You know, I make money mainly for the research and development of new technologies and promotion. If I were a pure capitalist, I would have to hold more shares, right? ”
Director Ji nodded. He agreed with Kang Chi’s sincere words.
The three oil companies and China Electric Power had no objections.
Although they had already approved Kang Chi’s offer, it was impossible to finalize such a trillion-dollar event in one meeting.
After the preliminary consultation meeting, the State-owned Assets Supervision and Administration Commission immediately conducted a further detailed analysis of the operating status and market of the three companies. After confirming that the data was basically consistent with that given by Kang Chi, the situation was reported further. Finally, after GWY’s review and approval, the asset transfer proposed by Longteng Group was finally settled.
This made Kang Chi feel relieved.
After this optimizationAfter that, the scale of the group was reduced by at least 60%, but it gained more than 2 trillion yuan in funds, which was enough to support his future development plan for the group. At the same time, Datang Energy’s high debt was also thrown away.
This made Kang Chi feel a lot more relaxed.
And don’t forget that whether it is Datang Energy, Harbin Aircraft or Changhe, the batteries they need are still purchased from CATL.
And CATL needs to pay a patent fee to Longteng Group for every battery it sells.
In addition, Longteng Group also holds shares in CATL, which means that Longteng Group is still at the upstream of these industries. The impact of this optimization on the group’s future profit potential is not as great as imagined.
”Shock! Longteng Group made a big move, and recovered 2211.68 billion yuan in five days! The richest man in the country is confirmed!”
As the news was officially leaked by the media, Longteng Group’s iterative slimming plan immediately caused a huge sensation across the country.
(End of this chapter)